engineering | Business Upturn

Top 6 Engineering Colleges in India which most students dream of

Sidharth Badlani — Thu, 14 Sep 2023 02:56:41 +0000

India has a rich tradition of producing world-class engineers, and this legacy is carried forward by its top engineering colleges. These institutions not only provide a solid foundation in engineering but also foster innovation, research, and development. Here’s a glimpse into some of the top engineering colleges in India.

Indian Institute of Technology (IIT):

The IITs are synonymous with engineering excellence in India. With campuses spread across the country, including Delhi, Mumbai, and Chennai, they consistently rank among the world’s top engineering institutions. These institutes offer a wide range of engineering disciplines and boast a stellar faculty, cutting-edge research, and exceptional placement opportunities.

National Institute of Technology (NIT):

NITs are another group of prestigious engineering colleges known for their academic rigor and industry connections. These institutes are spread across India and offer undergraduate and postgraduate programs in various engineering disciplines. NIT graduates are highly sought after by top companies.

Birla Institute of Technology and Science (BITS):

BITS Pilani, Goa, and Hyderabad campuses are renowned for their quality education and research programs. They focus on fostering innovation and entrepreneurship, making them a favorite among aspiring engineers.

Indian Institute of Information Technology (IIIT):

IIITs have emerged as prominent institutions in the field of computer science and IT-related engineering disciplines. Their curriculum and research activities align with the rapidly evolving tech industry.

Delhi Technological University (DTU):

Formerly known as Delhi College of Engineering (DCE), DTU is a leading engineering college in the national capital. It offers a wide array of engineering courses and is known for its strong industry connections and campus placements.

Anna University, Chennai:

Anna University consistently ranks as one of the top engineering colleges in South India. It has a strong emphasis on research and innovation, making it a hub for aspiring engineers.

India’s Engineering Exports to 17 out of 25 key markets decline in February amid global economic slowdown

United News of India (UNI) — Wed, 22 Mar 2023 10:52:34 +0000

New Delhi, Mar 22: India’s engineering exports to 17 out of 25 key markets such as the US and China declined in the month of February 2023 primarily driven by the global economic slowdown and low demand for metals and metal products, according to EEPC India.

The export promotion body EEPC India on Wednesday said that India’s engineering shipments to the US dipped 9.1% year-on-year in February to US$ 1.35 billion from US$ 1.49 billion in the corresponding period last year. Exports to the US registered positive year-on-year growth of 10.8% in the first 11 months of the current fiscal.

Exports to China, another key market, continued a downward trend with shipments to the neighbouring country slumping 33.3% year-on-year to US$ 205.8 million in February 2023 as compared to US$ 308.8 million in the same month last year.

On a cumulative basis, India’s engineering exports to China sank 54% year-on-year to US$ 2.4 billion in the April-February period of 2022-23.

India’s engineering exports to China stood at US$ 5.21 billion in the April-February period of 2021-22.

While the top exporting countries recording positive growth in February 2023 over February 2022 were Singapore, UAE, Saudi Arabia, Mexico, and Indonesia. The major decline observed among the top destinations includes the US, Germany, and Italy.

Region-wise, positive year-on-year growth was noted only in ASEAN and WANA (West Asia and North Africa) during February 2023. On a cumulative basis, year-on-year growth in exports was witnessed in North America followed by Latin America and Oceania while the highest decline was observed in North-East Asia.

Indian engineering exports declined for the seventh month in fiscal 2022-23 so far. In February 2023, engineering exports declined by 9.68% to US$ 8.58 billion from US$ 9.50 billion in February 2022.

Cumulative engineering exports for April-February 2022-23 also conceded a 4.24% decline over the same period last fiscal as it dropped to US$ 96.85 billion from US$ 101.14 billion in April-February 2021-22.

Commenting on February trade data, EEPC India Chairman Arun Kumar Garodia said, “Our analysis indicates that global decline in demand for metals and metals products is mostly responsible for the negative growth in India’s exports. However, rising raw material prices especially iron and steel have also made our metal exporters less competitive in the global market.”

Garodia noted that global trade projections do not look much optimistic although there are a few positives.

“There is a forecast of slow but gradual recovery. China, the largest global consumer, is also expected to recover from its real estate and financial crisis albeit at a slow pace. In this background, India may also look towards a slow recovery,” he further said.

As per the quick estimates of the Department of Commerce, Government of India, the share of engineering exports to total merchandise exports from India was 25.57% in February 2023 while for cumulative engineering exports from April-February 2022-23, the share was 23.86%.

Out of 34 engineering panels, 10 product panels witnessed positive growth in exports during February 2023 vis-a-vis the same month last fiscal. Major engineering products like iron and steel, products of iron and steel, non-ferrous metals like aluminum, nickel, lead, tin, and other products, industrial boilers, IC engines and parts, air-conditioning and refrigeration machinery, machinery for dairy, electrical machinery, and equipment, motor vehicles/cars, two & three wheelers, bicycle parts, auto tyres, and hand tools witnessed a decline in exports during February 2023 vis-à-vis February 2022.

On a cumulative basis, 22 out of 34 engineering panels recorded positive growth during April-February period of 2022-23 over the same period last fiscal. The major decline was witnessed in the iron & steel segment, non-ferrous segment, two-three wheelers, railway transport, bicycle parts, and project goods.

(Except for the headline, this story has not been edited by Business Upturn staff and is published from a syndicated feed.)

LPU student bags 64.5 lakh package with Google

News Desk — Sat, 28 May 2022 10:16:26 +0000

LPU BTech CSE engineering student Harekrishna Mahto, has been hired by Google India at a salary of 64.50 lakh. He will be joining the company’s Bangalore office shortly. This is one of the most generous packages ever given to a student in the country.

In addition, the world’s top AI talent intelligence platform recently hired Arjun, an LPU BTech CSE 2022 passed out batch student, for INR 62.72 Lakh. He will also be based in Bangalore, India.

It’s worth noting that LPU has broken its own record with this package, which is 1.5 times (50 percent) higher than the previous year’s high of INR 42 Lakh for a fresher. Amazon has also hired LPU students for a salary of INR 46.4 Lakh. Previously, Google chose an LPU student for INR 48 lakh.

Good Placements At LPU:

The majority of the top students were offered packages ranging from INR 10 to INR 48 lakh by top international companies such as Amazon, Google, VMware, Lowe’s, Infineon, Target, Bajaj Fineserv, What fix, ZS Associates, Zscaler, Practo, Palo Alto, and others.

Cognizant recruited 670+ students, Capgemini recruited 310+, Wipro recruited 310+, MPhasis recruited 210+, Accenture recruited 150+, and Lead Squared recruited 150+, among others, at differential packages of 6.75 lakh and 10 lakhs.

Top recruiters have offered over 20,000 placements/internships to LPU students in recent years. Several Fortune 500 corporations have extended over 5000 offers.

Many LPU alumni are currently employed by top companies around the world, such as Google, Microsoft, and other Silicon Valley firms, for a salary of INR one crore.

Drillmec to set up Global manufacturing hub

United News of India (UNI) — Mon, 31 Jan 2022 10:02:41 +0000

Hyderabad, Jan 31 (UNI) Global leader in Oil-drilling rigs manufacturing, Drillmec SpA, a subsidiary company of Megha Engineering & Infrastructures Limited (MEIL) group, has entered into a Memorandum of Understanding (MoU) with the Department of Industries & Commerce, Government of Telangana, here on Monday for establishing of its Global Manufacturing hub here with an investment of USD 200 million. The MoU was signed by Telangana Principal Secretary of Industries & Commerce and Information Technology Jayesh Ranjan and Drillec SpA CEO Simone Trevisani in the presence of State Industries Minister K T Rama Rao and Drillmec International CEO Uma Maheshwar Reddy at a function held here. Italy-based Drillmec SpA, a global multisector conglomerate based in Hyderabad, which is proposing to invest for the global hub to come up in 150 acres, include Manufacturing, Research and Development, and a Centre of Excellence to impart cutting-edge training to people. The facility will generate employment to 2,500 people. Speaking on the occasion, Mr Trevisani, said, “We are interested in future investment in the Hydrogen fuel project in India. The Hyderabad manufacturing hub will focus on rig manufacturing and ancillaries. This facility also sets up the R&D and training centre of excellence. We have already three manufacturing facilities in Italy, USA (Houston), and Belarus. After considering many offers from various countries, we choose Telangana, India, as it has a progressive industrial policy and investor-friendly, he added. Delivering close to 600 drilling rigs and it has developed many innovative designs and acquired patents globally, Drillmec, the company, which was incorporated under the laws of Italy having its registered office at Podenzano PC in Italy, was acquired by MEIL group in 2020. Drillmec SpA and Department of Industries & Commerce, Government of Telangana, will float a Special Purpose Vehicle (SPV) for the setting up of an equipment manufacturing unit. Mr Rama Rao said, ” We feel proud and welcome Drillmec establishes its manufacturing unit in Hyderabad. He said the State government is committed to making the most industrial progressive state in India and added that we will hand over the land and fiscal incentives as soon as possible. We are happy to get employment opportunities for the younger generation to in the state. We requested Drillmec to bring entire drilling rig ecosystems to Telangana, the Minister added. Mr Maheshwar Reddy said, “This MoU is the first step towards creating a global manufacturing hub in Hyderabad. It will definitely meet the demands of the worldwide market. We have already had an order book $1bn,” he added. UNI KNR CS1327

(This story and headline has not been edited by Business Upturn staff and is published from a syndicated feed.)

Power Mech Projects wins orders worth ₹734 crore

Sanah Shah — Wed, 03 Mar 2021 08:55:11 +0000

Power Mech Projects on Wednesday 3rd March announced that the company has received letters of award for orders valued at Rs 734 crore.

The engineering and construction firm in a regulatory filing stated that it has secured an order worth Rs 401 crore for operation and maintenance of boilers and auxiliaries and other miscellaneous jobs of 4 x 660 MW, Thermal Power Plant of Vedanta Limited, Jharsuguda.

In addition to this, the company has also gained another order of Rs 198 crore for engineering, procurement, and construction (EPC) works for Kurmitar Iron Ore Mining Private Limited, Odisha.

Lastly, Power Mech Projects has won an order worth Rs 135 crore for all civil, architectural and structural works of the main plant for 2X660 MW Khurja STPP (Turbine Generator and Associated Packages) for BHEL at Khurja, Uttar Pradesh.

The stock of Power Mech Projects is trading at Rs 549.05 (2:10 PM IST) on Wednesday 3rd March. This is up by 8.9 points or 1.65%. It opened at Rs 547.80.

MTAR Technologies plans to launch IPO on 3rd March

Sanah Shah — Wed, 24 Feb 2021 10:47:35 +0000

MTAR Technologies, which operates within the clean energy, nuclear, space and defence sectors, has announced that it will be launching an initial public offering (IPO) for subscription on 3rd March 2021.

This will make it the ninth IPO this current calendar year, after Indian Railway Finance Corporation, Indigo Paints, Home First Finance Company, Stove Kraft, Brookfield India REIT, Nureca, RailTel Corporation of India and Heranba Industries.

The 1,03,72,419 equity shares public issue will close for subscription on 5th March. On the other hand, the anchor book, if any, will open for a day on 2nd March.

The initial public offering comprises a fresh issue of 21,48,149 equity shares by the company and an offer for sale of 82,24,270 equity shares by promoters and investors.

The offer for sale includes 4,50,000 equity shares by P Leelavathi, 3 lakh shares by Parvat Srinivas Reddy, 1,49,970 shares by P Kalpana Reddy, 3 lakh shares by Saranya Loka Reddy, 2 lakh shares by C Usha Reddy, 3 lakh shares by G Kavitha Reddy, 1.25 lakh shares by D Anitha Reddy, 2.25 lakh shares by K Shalini and 3 lakh shares by A Manogna, which are altogether the promoter selling shareholders.

Investors Fabmohur Advisors LLP and P Simhadri Reddy will sell 57,84,300 equity shares and 90,000 shares by the offer for sale.

The company and selling shareholders with the advice of merchant bankers will decide the price band and the minimum bid batch later this week.

MTAR Technologies had, with the guidance of book running lead managers, undertaken a pre-IPO placement of 18,51,851 equity shares, amounting to a total of Rs 100 crore. According to this, the categorization of the fresh issue of up to 40,00,000 equity shares (earlier) has now been reduced by 18,51,851 equity shares to 21,48,149 shares.

It is a top-tier engineering solutions company that offers accurate solutions which occupy the manufacture of mission compartments with close tolerances (5-10 microns), and in critical assemblies, to work for projects of extreme national importance, using precision machining, assembly, testing, quality control, and specialized fabrication competencies, few of which have been indigenously developed and manufactured.

The company will employ net proceeds from its fresh issue and pre-IPO placement towards repayment of debts and working capital requirements.

JM Financial and IIFL Securities are the books running lead managers to the issue.

Results declared for the Kerala Engineering Architecture Medical (KEAM) Entrance Examination Phase One

Shravan Kanade — Wed, 07 Oct 2020 06:46:17 +0000

Thiruvananthapuram: The KEAM 2020 seat allotment result for phase 1 will be released today on the official website of cee-kerala.org. The candidates can visit the official website of CEE and download the KEAM 2020 seat allotment result.

CEE, Kerala conducts the KEAM 2020 seat allotment through the Centralized Allotment Process (CAP). Kerala Engineering Architecture Medical (KEAM) is an entrance examination series for admissions to various professional degree courses in the state of Kerala, India. It is conducted by the Office of the Commissioner of Entrance Exams run by the Government of Kerala.

The seats for the Engineering, Medical, and Architectural professional degree courses for the academic year 2020-21 are allotted thought this Exam.

The seats will be allotted on the basis of student’s merit. The student will have to pay Rs. 10,000 for the confirmation of admission.

List of best 10 Technology Universities to study in India

Sanga Basu — Wed, 12 Aug 2020 13:53:12 +0000

Engineering is the most desirable career option for science students. No wonder that more than 10,000 AICTE approved Technology Institutes are there in India. Here is the list of top 10 technology universities for those who are genuinely passionate about pursuing technology as their career.

Let us see what are the best 10 Technology Universities to study in India

1) IIT BOMBAY (IITB) :- Established in 1958, it is the second IIT. It ranks 152 in the world university rankings and 3rd in Engineering category of the National Institutional Ranking Framework(NIRF). IITB chooses the best students for undergraduate, postgraduate and doctoral programs.

2) IIT DELHI (IITD) :- This university is particularly good in terms of its research atmosphere.Due to having government as well as private funds, the opportunities to research here are plenty. Probably because its encouragement and support to students who come up with new ideas, many IITD alumni have become successful with their start up business. Zomato, Flipkart, Quikr, Udaan – to name a few.

3) IIT KANPUR (IITK) :- IITK offers various undergraduate, post graduate, doctoral and post doctoral courses in different disciplines of science, engineering, management and design. Students of this university make contributions to industry, business, research and social sectors. Infosys founder Narayana Murthy is an alumnus of this college.

4) IIT KHARAGPUR (IITKGP) :- It is the first IIT of India, situated in West Bengal. It ranks 281 in QS world university ranking. It offers a large number of subject options to choose from. IITKGP has one of the biggest tech library in India.

5) IIT MADRAS (IITM) :- This IIT holds first rank in NIRF rankings, overall as well as in engineering. IITM has the fastest super computing facility among educational institutes of India.

6) Indian Institute of Science (IISc):- This institute ranked second in the QS world university rankings in terms of citations per faculty. Nobel laureate scientist C.V.Raman was the first director of IISc. This deemed university spends a handsome amount of money (more than ₹100 million) for library purchase.

7) DA- IITC:- Dhirubhai Ambani Institute of Information and Communication Technology is an esteemed private college located in Gujarat. It ranks 11 in the world for student developers by HackerRank in 2016. This institution is run by Dhirubai Ambani Foundation.

8) IIT Roorkee (IITR) :- This university has the largest number of academic units among the technical institutions of India. It ranks 6 in the NIRF rankings. 25 alumni of IITR has won the prestigious Shanti Swarup Bhatnagar Prize for Science and Technology so far.

9) BITS Pilani:- Sponsored by the Aditya Birla group, this institute is among the first six institutions getting the “institute of eminence” status. Apart from Pilani, the Birla Institute of Technology and Science has its campus in Goa, Hyderabad and Dubai. The admission in various courses is done through all india computerized entrance: BITSAT exam.

10) Jadavpur University :- It ranks 17 in the NIRF rankings for engineering. It is one of Asia’s top 100 universities according to Times Higher Education Ranking. The placement is very good.